Question: Help me to answer this question, please. I need a help! Thank you 9. value: 200 points M3-22 Calculating and Interpreting Net Profit Margin LO
9. value: 200 points M3-22 Calculating and Interpreting Net Profit Margin LO 3-5] TravellLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights whereas FareLine has focused on hotel bookings. The following amounts were reported by the two companies in 2012 i ll Kin millions) 1 ?RININet Income !NIINiTotal Assets!! TravelLite FareLine S 1,280 3.420 $9,490 8,970 !Total Liabilities $6,800 4,670 Total Revenues $7,030 8,260 1. Calculate each company's net profit margin expressed as a percent. (Round your answers to the nearest whole percent.) ravelLite FareLine Net Profit Margin
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